Coalition will work better than one-party govt; floor test on May 25: Kumaraswamy

coastaldigest.com news network
May 23, 2018

Karnataka, May 23: After swearing in as Karnataka's 24th chief minister, H.D. Kumaraswamy assured that their coalition government -- Congress and Janata Dal (Secular) -- will run better than any one-party government.

Addressing a press conference here as chief minister, Kumaraswamy said, "This coalition government (Congress-JD(S)) will run better than anyone party government and we will concentrate on working for the public."

Kumaraswamy was administered the oath by Governor Vajubhai Vala in a gala ceremony held outside the Vidhan Soudha, the state assembly. Karnataka Pradesh Congress Committee (KPCC) president G. Parameshwara also took the oath as the state's deputy chief minister.

The ceremony, which was attended by a battery of political dignitaries, including United Progressive Alliance (UPA) chairperson Sonia Gandhi, Congress President Rahul Gandhi, Bahujan Samaj Party chief Mayawati and West Bengal chief minister Mamata Banerjee, was nothing short of show of unity of the opposition parties, one year ahead of general elections.

Talking about the same, Kumaraswamy said the leaders who came from all over the country wanted to give a message to the nation that "we are one, and, in 2019, there will be a major change in political situation".

"They were not here to protect this government. This government will be protected by local Congress leaders and our leaders," he added.

This is Kumaraswamy's second term as the chief minister of Karnataka since 2007, when he last held the post for 20 months.

Attired in the traditional "dhoti" and white shirt, Kumaraswamy took the oath in the name of God and the people of "Kannada Nadu".

Floor test on May 25

The new Chief Minister told media persons that would take a floor test on May 25th. "I have become a child of circumstances. Many have expressed doubts about the stability of this government. But I will reply to them with my behaviour in future. I will take a floor test on May 25," he said.

"The BJP has accused me of immorality. But if we introspect, I don't know who can claim to be moral and whose moves will be immoral," he said.

"I have myself played a role in bringing down a Congress-JD(S) government in 2006. But that is an old story. This will be a stable government. I assure the people that this will be one of the most stable governments in the State and will work towards solving people's problems," he said.

Comments

Khasai Khane
 - 
Thursday, 24 May 2018

I so wish that, JDs emerges as a largest regional party and kick out all Non-Kannadigas, Congress & BJP and others. Seriously, Imagine the strength of Deve Gowda, HDK, Siddaramiah, DKShi, CM Ibrahim, and other local leaders. Our Kannada nadu will progress like never before. Those Gujrati, Marathi, Malyali, and those reddys, who sould be thrown out.!

 

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News Network
February 18,2020

Bengaluru, Feb 18: Veteran actress Kishori Ballal, 82, best known for playing Kaveri Amma in Ashutosh Gowariker’s Swades, passed away on Tuesday. She was suffering from age-related health issues and breathed her last at a Bengaluru hospital.

Kishori, who hailed from Mangaluru, made her debut in Kannada film 'Evalentha Hendathi' in 1960.

In a career spanning five decades, she went on to act in movies like Hani Hani, Kahi and Suryakanthi. A Bharatnatyam exponent, she was also a part of Hindi films like Lafangey Parindey, Ek Alag Mausam and Gair Kanooni.

Kishori Ballal played the role of Kaveri Amma, the nanny of Shah Rukh Khan (Mohan Bhargav) in Swades.

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News Network
February 2,2020

New Delhi, Feb 2: Budget 2020 announcement that insurance behemoth LIC will be listed was well received by market participants who said this will be "IPO of the decade" akin to the Saudi Aramco listing.

Finance Minister Nirmala Sitharaman on Saturday said Life Insurance Corporation (LIC) will be listed as part of the government disinvestment initiative.

A "highlight of the budget is the LIC IPO, which is akin to the Saudi Aramco listing for Indian capital markets, and will be IPO of the decade," Vijay Bhushan, President, Association of National Exchanges Members of India (ANMI) said.

According to Krishna Kumar Karwa, Managing Director, Emkay Global Financial Services, the LIC IPO will be a big positive for corporate governance and transparency and will open up one more avenue for fund raising for the government over the years.

Metropolitan Stock Exchange, Interim CEO, Balu Nair said: "The LIC listing will be eagerly awaited by investors and will provide huge fillip to capital raising through the primary market." The government proposes to sell a part of its holding in LIC through an initial public offer, Sitharaman said while presenting Budget 2020-21.

"The government will sell part of LIC through its listing in the stock market which is also a positive trigger for the market," Amit Gupta, CO-Founder and CEO, TradingBells.

Jaideep Hansraj, MD and CEO of Kotak Securities said listing of LIC would help bridge a gap in the Fiscal Deficit for FY21.

Currently, the government owns the entire 100 per cent stake in LIC.

Saudi Aramco shares were listed in December last year.

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News Network
June 28,2020

Udupi, Jun 28: The Padubidri police have booked cases against two patients of Novel Coronavirus for not revealing their primary contacts and hiding their travel history.

According to DHO Sudhirchandra Sooda, two siblings from Hejamadi in Padubidri had tested positive for COVID-19 recently. After shifting to the hospital, when the officials asked them about their primary contacts and travel history, the patients furnished false information.

When the officials collected information from various sources, they realised that the duo had travelled to Bantwal, Kasargod, Ullal and other places in Dakshina Kannada, said Dr Sooda. Hence, the district administration decided to file cases against them, he added.

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